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look how weak growth has been in this election year in the obama presidency? well below even what it was in 2004 for george w. bush and the second quarter drops more. very anemic growth. we don't know the third quarter numbers. we'll get those before the election. president obama we know he's trying to do something no one's done with fdr, win with the unemployment rate above 7.2%. look at gdp numbers to win, it would be a bit of history. >> certainly would be. john, thanks very much. we're going to have much more coverage, full coverage of tonight's debate president obama and governor romney face-to-face as american voters weigh their choice. the first presidential debate takes place tonight. you can watch it live. our coverage begins 7:00 p.m. eastern right here on cnn and on cnn.com. >>> a fiery speech by then-senator barack obama sets off some media fireworks five years later. ♪ ♪ [ male announcer ] you've been years in the making. and there are many years ahead. join the millions of members who've chosen an aarp medicare supplement insurance plan insur
look how weak growth has been in this election year in the obama presidency? well below even what it was in 2004 for george w. bush and the second quarter drops more. very anemic growth. we don't know the third quarter numbers. we'll get those before the election. president obama we know he's trying to do something no one's done with fdr, win with the unemployment rate above 7.2%. look at gdp numbers to win, it would be a bit of history. >> certainly would be. john, thanks very much....
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Sep 29, 2012
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performance over the last four years, but among them president obama has a big lead and what it says is right now romney is only drawing voters who have a negatives vert ikt on obama's first four years. he's not winning enough of the people who have a mixed -- you have a sliver of voters who are not 100% satisfied with obama but right now clearly see him as a better bet than the next four than mitt romney and that is the challenge for him in the debate. >> we're still 40 days until the election but early voting is under way. what's the likely impact of this early voting even before the first debate? >> two things. first, it's a test of all of that money that president obama's campaign has sunk into organization. they have made unprecedented investments in trying to have this kind of reach out and touch people capacity. and early voting, particularly for democrats. as i mentioned. young people and minorities who are more irregular voters, having this extra time is important to be able to move them out. the other thing of course is if the race changes in october and you bank votes in s
performance over the last four years, but among them president obama has a big lead and what it says is right now romney is only drawing voters who have a negatives vert ikt on obama's first four years. he's not winning enough of the people who have a mixed -- you have a sliver of voters who are not 100% satisfied with obama but right now clearly see him as a better bet than the next four than mitt romney and that is the challenge for him in the debate. >> we're still 40 days until the...
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Sep 27, 2012
09/12
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>> an obama win in republican-leaning virginia could deal romney a crushing blow. the president won here four years ago becoming the first democrat to do so since lyndon johnson. but in the state the military vote is not the only game in town. football fans are everywhere. so it's no surprise a reporter asked romney about the deal to end the dispute between the nfl and its referees. a question romney appeared to fumble. >> what do you think about the nfl refs? >> i sure hope they do. >> well, the refs will be back and they'll be back tonight playing in baltimore. but romney continues his push on national securityish shies at an event at a military college in pennsylvania tomorrow. that is a state where he is trailing the president according to recent polls. but it's one the campaign thinks it could put into play, wolf. >> why do they think that? the polls have been very lopsided in pennsylvania not just recently but for weeks and weeks. >> they've looked at that state for some time. they think it's something they could put in play. obviously they know it would be a
>> an obama win in republican-leaning virginia could deal romney a crushing blow. the president won here four years ago becoming the first democrat to do so since lyndon johnson. but in the state the military vote is not the only game in town. football fans are everywhere. so it's no surprise a reporter asked romney about the deal to end the dispute between the nfl and its referees. a question romney appeared to fumble. >> what do you think about the nfl refs? >> i sure hope...
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Sep 26, 2012
09/12
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i believe the number is under the obama years. think about that. american families are having a hard time. incomes are down. at the same time, the cost of food is up. the cost of electricity is up. the cost of health care is way up. the cost of gasoline is doubled. the american family, middle income families, are having a hard time. look, i know the president cares about america and the people of this country. he just doesn't know how to help them. i do. i'll get this country going again. [ cheers and applause ] >> now, i have confidence in our future. i recognize that america's going to come roaring back. if we re-elect president obama there's no question in my mind we'll face four more difficult years. if instead if -- no, instead when i become president -- [ cheers ] >> -- we're going to get this economy growing again. we're going to do the things that ignite this economy. those five things i describe will get america's economy going again, will help people find jobs that need those jobs. we'll get take-home pay to come up again. this is not a m
i believe the number is under the obama years. think about that. american families are having a hard time. incomes are down. at the same time, the cost of food is up. the cost of electricity is up. the cost of health care is way up. the cost of gasoline is doubled. the american family, middle income families, are having a hard time. look, i know the president cares about america and the people of this country. he just doesn't know how to help them. i do. i'll get this country going again. [...
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Sep 28, 2012
09/12
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right now president obama seems safely ahead in all of the polling. pennsylvania is actually the kind of state that mitt romney's promise a year ago he was going to be able to put into play the same way john mccain's promise was supposedly that. the reason why pennsylvania has become so solid democratic they've won in each of the past five elections is largely because the suburbs outside philadelphia, white collar, affluent, right of center economically, left of center social issues have moved decisively towards the democrats. originally mitt romney was seen as a candidate who could appeal to those voters. but he's not making many inroads there. as a result pennsylvania seems out of reach in any realistic scenario. >> he was doing some fund raising there. that may be the major reason while he's there although the aides are being a bit coy pretending they think it's realistic to get the democrats that are spending so much there. wouldn't be the first time. >> we'll see if they put any television money or time in that. >> let's see if they put up there
right now president obama seems safely ahead in all of the polling. pennsylvania is actually the kind of state that mitt romney's promise a year ago he was going to be able to put into play the same way john mccain's promise was supposedly that. the reason why pennsylvania has become so solid democratic they've won in each of the past five elections is largely because the suburbs outside philadelphia, white collar, affluent, right of center economically, left of center social issues have moved...
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i've moderated, by the way, four debates involving then senator obama, that was four years ago, four debates with mitt romney, three of them just in this cycle. i can tell you, their styles are different. >> their styles are different. we have a couple of clips to kind of illustrate this, and i want to work through this, so please humor me. first, let's hear from mitt romney. this was at january of this year at the cnn republican debate in jacksonville. >> you make a serious accusation against governor romney like that, you need to explain that. [ audience booi ining ] >> you want to try again? >> wouldn't it be nice if people didn't make accusations somewhere else that they weren't willing to defend here? >> all right. >> speaker, you've indicated that somehow i don't earn that money. i have earned the money that i have. i didn't inherit it. i take risk. i make investment. those investments lead to jobs being created in america. i'm proud of being successful. i'm proud of being in the free enterprise system that creates jobs for other people. i'm not going to run from that. i'm prou
i've moderated, by the way, four debates involving then senator obama, that was four years ago, four debates with mitt romney, three of them just in this cycle. i can tell you, their styles are different. >> their styles are different. we have a couple of clips to kind of illustrate this, and i want to work through this, so please humor me. first, let's hear from mitt romney. this was at january of this year at the cnn republican debate in jacksonville. >> you make a serious...
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Sep 25, 2012
09/12
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the national debt has gone in the nearly four years of the obama administration from more than $10 trillion to now more than $16 trillion, an increase of $6 trillion. >> well, first of all, wolf, let me just say this. the two wars have cost us an enormous amount of money and the loss of our brave servicemen and women as well. so that added to the national deficit. and one other thing that we should talk about in terms of the national deficit, part of it is that we're not bringing in as much revenue as we should be bringing in to pay for all the things, the services and programs that the american people continue to desire. there's no question under this president that we've seen, you know, the most significant budget cuts also in the history of country. discretionary spending is at its lowest in 60 years. taxes are also at their lowest. but the one thing that the democrats have not done, we haven't walked away from the table. we haven't pointed fingers and said it's their fault. we're all in this together. it's time republicans roll up their sleeves and come to the table so we can fix this p
the national debt has gone in the nearly four years of the obama administration from more than $10 trillion to now more than $16 trillion, an increase of $6 trillion. >> well, first of all, wolf, let me just say this. the two wars have cost us an enormous amount of money and the loss of our brave servicemen and women as well. so that added to the national deficit. and one other thing that we should talk about in terms of the national deficit, part of it is that we're not bringing in as...
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Oct 1, 2012
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in the years since president bush, for example, took office 2001, 2003, the tax cuts in the obama stimulus plan, all those tax cuts go away. how quickly would that hit people's pocketbooks? >> quickly. withholding schedules would change. so when you got your next paycheck, at the turn of the year, you would see a lower amount because more would be deducted for paying taxes. and as you point out, wolf, it is quite significant. it would be a big hit to the economy relatively quickly. >> how big of a hit to the overall economy would it be? some suggested it could bring us back into recession. is that realistic? >> yes. that's likely. if you add it all up, expiration of the bush era tax cuts, payroll tax holiday, there is a -- so-called -- minimum tax, whole slew of things are going on. if all those things expired and all the taxes increase, amounts to about $500 billion in extra tax payments next year. that's 3% of gdp. and as you know, wolf, we are only growing right now at best 2%. so, you know, you do arithmetic and that says recession. policymakers need to change this. they can't allow th
in the years since president bush, for example, took office 2001, 2003, the tax cuts in the obama stimulus plan, all those tax cuts go away. how quickly would that hit people's pocketbooks? >> quickly. withholding schedules would change. so when you got your next paycheck, at the turn of the year, you would see a lower amount because more would be deducted for paying taxes. and as you point out, wolf, it is quite significant. it would be a big hit to the economy relatively quickly....